Question

What do you think is the importance of defining globalization?​

Answer 1

Answer: Globalization is about the interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally.

Answer 2

The importance of defining globalization is that we can able to expand our technology, jobs, and products across the borders of international countries.

• As a result of this expansion to the international borders, we can progress through different aspects.
• Due to this globalization, there will be more opportunities in the corporate sector.
• There will be more employment in different sectors of work and there will be a reduction in unemployment.
• There will be an increase in the employment of women.
• There is one disadvantage of this globalization that is as a result of this the small grocery shops will affect their earnings, provided that we should arrange the alternative for them.